The federal debt-to-GDP is in the 30-odd per cent range, which is around half of what it was back in the nineties when we had this troublesome period. That is a very large difference. GDP is a very big number. I don't want to say that in some way that gives you the size of the room to manoeuvre, it just says that there's quite a lot of room to manoeuvre from a financial point of view, and I would not want to express a specific limit on it.
On October 24th, 2016. See this statement in context.